Sunbelt Rentals Holdings, Inc. (NYSE: SUNB, LSE: SUNB), the equipment rental company listed on both the New York Stock Exchange and the London Stock Exchange, has disclosed the purchase of 11,000 shares of common stock during the week of 2 to 6 November 2026 as part of its $1.5 billion share repurchase programme. All transactions were executed on the NYSE, with daily weighted average purchase prices declining across the week from $84.5993 on 2 November to $76.7227 on 6 November. The company has confirmed it intends to hold the repurchased shares in treasury. The disclosure was made in compliance with UK Market Abuse Regulation requirements.

Key Points

  • Sunbelt Rentals Holdings, Inc. (NYSE: SUNB, LSE: SUNB)
  • The company purchased 11,000 shares of common stock between 2 and 6 November 2026 under its $1.5 billion share repurchase programme
  • Daily purchases of 2,000 shares were made from 2–5 November, with 3,000 shares acquired on 6 November; weighted average prices ranged from $76.7227 to $84.5993
  • Investors may be watching the pace of buybacks and remaining capacity under the $1.5 billion programme in forthcoming weekly disclosures

Sunbelt Rentals Executes 11,000-Share Buyback Across Five NYSE Trading Sessions in November 2026

The announcement states that Sunbelt Rentals Holdings purchased shares on each of the five trading days between 2 and 6 November 2026, with 2,000 shares acquired on each of the first four days and a slightly larger tranche of 3,000 shares purchased on 6 November. All transactions were executed on the NYSE under the ticker SUNB. The company is a dual-listed entity, with its shares also trading on the London Stock Exchange, making it subject to UK market transparency obligations that require granular trade-by-trade disclosure of repurchase activity.

Weighted Average Purchase Prices Declined Each Day From $84.5993 to $76.7227 During the Repurchase Window

According to the aggregated daily data disclosed in the announcement, the weighted average purchase price fell on each successive trading day during the period. On 2 November the weighted average was $84.5993, moving to $83.3359 on 3 November, $80.8795 on 4 November, $77.7740 on 5 November, and $76.7227 on 6 November. The detailed Annex A trade log confirms all individual transactions were executed on the XNYS venue. The company did not disclose the total cumulative spend or the remaining balance available under the $1.5 billion programme in this announcement.

Treasury Share Treatment and UK Market Abuse Regulation Compliance Underpin the Disclosure

Sunbelt Rentals confirmed the repurchased shares will be held in treasury rather than cancelled immediately. The disclosure was made pursuant to Article 5(1)(b) of Regulation (EU) No 596/2014, as retained in UK law under the European Union (Withdrawal) Act 2018, alongside Commission Delegated Regulation (EU) 2016/1052. These requirements mandate that companies operating share buyback programmes publish detailed transaction-level data. Investor relations enquiries relating to the programme are directed to Kevin Powers, Senior Vice President of Investor Relations and Communications, at the contact details provided in the announcement.